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20121119
20121119
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CSPAN 1
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CSPAN
Nov 19, 2012 12:00pm EST
"getting a break." they listed some of the higher income states. california leads the way. if you go down the charge, the lowest states, indiana the lowest in terms of just what folks are getting in their homes in terms of added as -- itemized deductions. otherhear from the gentleman we heard in that clip. [video clip] >> tax increases to chase after higher spending is a fool's errand. we need to have that balanced approach we have all been talking about, which is increasing revenues through a process of tax reform, then spending reductions. we've had four straight years of trillion dollars plus deficit. you cannot continue this and have economic vitality, which is what we need. host: anything there you want to respond to? guest: the federal government spends over $1.40 for every dollar it takes in. you cannot continue to do that without having a day of reckoning. we need comprehensive tax reform. we need a comprehensive approach to regaining control of the budget, social insurance reforms, defense and other spending reductions, and tax reform that will generate more revenues. i don't bel
Search Results 0 to 0 of about 1